Adkins & Son 2 INC

$105,100 PPP Loan in Chillicothe, Illinois

Loan Details

Loan Number
8871137000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$105,100
Current Approval
$105,100
Forgiveness Amount
$106,151
Forgiveness Date
Apr 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adkins & Son 2 INC
Address
223 N Cedar St
ZIP Code
61523
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
New Business or 2 years or less
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$80,780
Rent
$18,000
Utilities
$5,150
Mortgage Interest
$670
Debt Interest
$500

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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